Tufton Oceanic Assets Ltd. Net Asset Value, Dividend Declaration Update Q4-21 (7270Y)
January 18 2022 - 2:00AM
UK Regulatory
TIDMSHIP
RNS Number : 7270Y
Tufton Oceanic Assets Ltd.
18 January 2022
18 January 2022
TUFTON OCEANIC ASSETS LIMITED
("Tufton Oceanic Assets" or the "Company")
Net Asset Value, Dividend Declaration and Q4 2021 Update
Tufton Oceanic Assets announces that as at 31 December 2021 the
unaudited net asset value ("NAV") was $424.67 million and the
unaudited NAV per ordinary share was $1.376. The NAV total return
for the quarter was 2.1% and the NAV total return for 2021 was
49.1%.
The Company is pleased to announce a dividend of $0.02 per
ordinary share for the quarter ending 31 December 2021. The
dividend will be paid on 11 February 2022 to holders of ordinary
shares recorded on the register as at close of business on 28
January 2022 with an ex-dividend date of 27 January 2022.
The Company's quarterly factsheet as at 31 December 2021 will
shortly be available on the Company's website in the Investor
Relations section under Company Documents at
www.tuftonoceanicassets.com/quarterly-reports .
For further information, please contact:
Tufton Investment Management Ltd (Investment +44 (0) 20 7518 6700
Manager)
Andrew Hampson
Paulo Almeida
Singer Capital Markets +44 (0) 20 7496 3000
James Maxwell, Alex Bond (Corporate
Finance)
Alan Geeves, James Waterlow, Sam Greatrex
(Sales)
Hudnall Capital LLP +44 (0) 20 7520 9085
Andrew Cade
About the Company
Tufton Oceanic Assets Limited invests in a diversified portfolio
of secondhand commercial sea-going vessels with the objective of
delivering strong cash flow and capital gains to investors. The
Company's investment manager is Tufton Investment Management Ltd.
The Company has raised a total of approximately $316.5m (gross)
through its Initial Public Offering on the Specialist Fund Segment
of the London Stock Exchange on 20 December 2017 and subsequent
capital raises.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NAVBRMRTMTMBBRT
(END) Dow Jones Newswires
January 18, 2022 02:00 ET (07:00 GMT)
Tufton Oceanic Assets (LSE:SHIP)
Historical Stock Chart
From Jul 2024 to Aug 2024
Tufton Oceanic Assets (LSE:SHIP)
Historical Stock Chart
From Aug 2023 to Aug 2024